African Insurance Awards

In line with its purpose, Africa Re initiated these awards to foster best corporate management, leadership, governance as well as innovative and sustainable growth in the insurance sector in Africa.

The African Insurance Awards aim at: rewarding and celebrating leaders, best performers and achievers in the African insurance industry; identifying and stimulating distinctive innovations in the insurance sector in Africa; encouraging sustainable growth in terms of insurance premium combined with business profitability in the sector; and providing added value by sharing progress and best practices in the development of insurance in Africa.

The awards, which started in 2015, target a range of participants, including African insurance companies and African insurance CEOs.

The key objective is to promote the development of insurance in Africa by honouring distinguished companies and leaders of insurance companies that have raised exceptional standards of competence and achievement and demonstrated an unprecedented level of insurance industry leadership.

The 5th Annual African Insurance Award ceremony will take place in 10 June 2019

Our Mission

In line with its purpose, Africa Re initiated these awards to foster best corporate management, leadership, governance as well as innovative and sustainable growth in the insurance sector in Africa.

The African Insurance Awards aim at: rewarding and celebrating leaders, best performers and achievers in the African insurance industry; identifying and stimulating distinctive innovations in the insurance sector in Africa; encouraging sustainable growth in terms of insurance premium combined with business profitability in the sector; and providing added value by sharing progress and best practices in the development of insurance in Africa.

The awards, which started in 2015, target a range of participants, including African insurance companies and African insurance CEOs.

The key objective is to promote the development of insurance in Africa by honouring distinguished companies and leaders of insurance companies that have raised exceptional standards of competence and achievement and demonstrated an unprecedented level of insurance industry leadership.

Process

Initial Screening

Entries for each award category shall be screened by an independent committee for shortlisting.

Shortlist

The shortlisted entries from the total entries received from each category shall be forwarded to the judging panel in a form summarizing the nomination content and supporting information / evidence.

Score Sheet

An online score sheet shall be provided to the judges. In completing the score sheets, Judges shall consider the following:

Evaluation Criteria

The criteria for scoring will focus on the following: what was done; what was achieved and supporting evidence.

Results

Once the judges complete their evaluations for each nominee in line with the score sheets, the scores would be collated and averaged with equal weights.

Final Screening

The judges would discuss widely about the submission of the top 3 nominees in each category. Judges can provide insight into some of the nominees where they know the industry/country better than other judges.

Selection Of Winners

The winner would be selected based on the nominee that has the highest number of 1.